Kalahridhaan Trendz Limited IPO
Kalahridhaan Trendz Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹45 per share. The stock debuted at ₹47.15, delivering a listing gain of 4.8%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,35,000.
Kalahridhaan Trendz Limited IPO
- IPO Dates
- Feb 15, 2024 – Feb 20, 2024
- Price band
- ₹45 per equity share
- Minimum Investment
- ₹1,35,000
- Issue size
- ₹22.49 Cr
- Lot size
- 3000
- Allotment Date
- Feb 21, 2024
- Listing
- Feb 23, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 15, 2024
Open Date
Completed
-
Feb 20, 2024
Close Date
Completed
-
Feb 21, 2024
Allotment Date
Completed
-
Feb 23, 2024
Listing Date
Completed
Kalahridhaan Trendz Limited IPO Essentials
Kalahridhaan Trendz Limited IPO Details
Kalahridhaan Trendz Limited IPO is priced at ₹45 per share with a total issue size of 22.49 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹45 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,998,000 shares(aggregating up to ₹22.49 Cr)
- Total issue size
- 49,98,000 shares
(aggregating up to ₹22.49 crore) - Fresh issue
- 49,98,000 shares
(aggregating up to ₹22.49 crore) - Listing at
- NSE SME
- List price
- 47.15
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Interactive Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,35,000 |
| Retail(max) | 1 | 3000 | ₹1,35,000 |
| NII (min) | 2 | 6,000 | ₹2,70,000 |
Kalahridhaan Trendz Limited IPO Reservation
Kalahridhaan Trendz Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,998,000 shares, approximately 47.48% for retail investors, and 5.04% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 252,000 (5.04%) | |
| Retail Shares Offered | 2,373,000 (47.48%) | |
| Total Shares Offered | 4,998,000 (100%) |
Kalahridhaan Trendz Limited IPO Analytics
Kalahridhaan Trendz Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Kalahridhaan Trendz Limited IPO Subscription Status
Kalahridhaan Trendz Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 23,73,000 | 23,73,000 | 47,46,000 |
|
Day 1
15-02-24 06:00 PM
|
(0.20) x | 1.32 x | 0.76 x |
|
Day 2
16-02-24 06:00 PM
|
(1.11) x | 2.46 x | 1.78 x |
|
Day 3
19-02-24 06:00 PM
|
(1.82) x | 4.46 x | 3.14 x |
|
Day 4
20-02-24 06:00 PM
|
(6.82) x | 10.36 x | 8.59 x |
Kalahridhaan Trendz Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.46/-
- EPS Post IPO
- ₹5.57/-
- P/E Pre IPO
- 8.24
- P/E Post IPO
- 8/08
Returns
- ROE
- 42.09%
- ROCE
- 17.39%
- RoNW
- 36.75%
Fundamentals
- Debt / Equity
- 3.19
- Price / Book
- 1.51
Kalahridhaan Trendz Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 10,962.55 | 10,297.94 | 5,979.36 |
| Revenue | 18,417.01 | 18,390.46 | 13,235.91 |
| Profit After Tax | 666.01 | 246.20 | 110.54 |
| Net Worth | 1,202.78 | 536.77 | 290.56 |
| Reserves & Surplus | 1,202.78 | 536.77 | 290.56 |
| Total Borrowing | 6,105.33 | 5,249.90 | 3,145.56 |
Kalahridhaan Trendz Limited Company & Offer Insights
About Kalahridhaan Trendz Limited
Kalahridhaan Trendz Limited Company was established in 2016. The company specializes in fabric dyeing and processing.
Manufacturing and trading of fabrics with embroidery, trading of grey fabrics, buying of grey fabrics, and printing and dyeing of suiting, shirting and dress fabrics for sale in the B2B market
The two divisions in the company are:
Embroidery and knitting
Dyeing and printing of cloths
The company's manufacturing facility is at Ahmedabad, Gujrat with 1.00 lakh metres/day production capacity.
As on 31 December, 2023, the company had permanent employees of 12 in various departments of the company.
Kalahridhaan Trendz Limited Promoter(s)
Niranjan Agarwal, Aditya Agarwal, Sunitadevi Agarwal are the company's promoters of Kalahridhaan Trendz Limited.
Kalahridhaan Trendz Limited IPO Issue Objectives
- •
- Working capital requirement
- •
- General Corporate Purpose
- •
- Meeting Public Issue Expenses.
Kalahridhaan Trendz Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Kalahridhaan Trendz Limited | 5.46 | N/A | 29.74 | 8.24 | 36.75 | 1.51 | Standalone |
| Spl Industries Ltd. | 8.22 | N/A | 64.64 | 9.03 | 12.72 | 1.15 | Standalone |
| Kitex Garments Ltd. | 8.94 | N/A | 136.07 | 26.08 | 6.65 | 1.71 | Standalone |
| Monte Carlo Fashions Ltd | 64.03 | N/A | 374.67 | 10.84 | 17.09 | 1.85 | Standalone |
Notes:
- Considering the nature and size of the business of Kalahridhaan Trendz Limited, the peers are not strictly comparable. However, the above companies are included for broad comparison.
- CMP of the peer group is as per the closing price available on NSE as on January 31, 2024.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
- The P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on March 31, 2023, sourced from the Stock Exchange website and divided by the Basic/Diluted EPS as applicable.
- RoNW is computed as net profit after tax, attributable to the owners of the Company, divided by closing net worth.
Contact Information
Contact Details
Kalahridhaan Trendz Limited
+91 6353302166
57 Ashra Industrial Estate, B/H Mahalaxmi Fabrics, Nr. Narol Cross Road, Ahmedabad - 382405
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Kalahridhaan Trendz Limited IPO is a Fixed Priced IPO worth ₹22.49 crore. The issue price is ₹45 per share (fixed price). The IPO opens on Feb 15, 2024 and closes on Feb 20, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Kalahridhaan Trendz Limited IPO is ₹45 per share (fixed price).
The lot size of Kalahridhaan Trendz Limited IPO is 3000 shares.
The minimum investment for Kalahridhaan Trendz Limited IPO is approximately ₹1,35,000 based on the issue price .
Kalahridhaan Trendz Limited IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.
The allotment date of Kalahridhaan Trendz Limited IPO is Feb 21, 2024.
Kalahridhaan Trendz Limited IPO is expected to be listed on Feb 23, 2024, on NSE SME Platform.
Kalahridhaan Trendz Limited IPO valuation snapshot: P/E 8/08, EPS ₹5.57/-, P/B 1.51, RoNW 36.75%, and market cap N/A.
To apply for Kalahridhaan Trendz Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Kalahridhaan Trendz Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Kalahridhaan Trendz Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Kalahridhaan Trendz Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kalahridhaan Trendz Limited IPO allotment status on IPO Ji for quick and easy access.